Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
1...628629630631632633634635636637638639640641642...894
lucky
ibadan, Nigeria
Posts: 377
15 years ago
Apr 23, 2010 12:27
asad where are you today !
chloethebull
Canada
Posted Anonymously
15 years ago
Apr 23, 2010 11:57
thanks asad on helping me figure out a fair exit point..i now changed my exit target from 79.75..to 81.50--75...an im dumping my long position usdcad @ 1.0040..trying to reach ashraf targets(even though im sure his targets are fair) has cost me a ton in profits an cost me a bit of interest..looking to put this mth behind me a go into cash..i tried to show paitients but it appears grabbing the cash an running is far better plan ..looking forward to next mth trades..gl to every1 today
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
Apr 23, 2010 11:41
I take short open interest on Bank of China as precursor of commodities ( confirmed with BDI) and it seems commodities will go down. I don't ever trade oil and nver industry metals in London ME but only Comex.
said
mulhouse, France
Posts: 2822
15 years ago
Apr 23, 2010 11:31
CHLOE
i apologize but i have no sight on oil but i think that it must be a positive stimulus; on any case i am persuaded they will wait a bottom in eurodollar to articulate the process.
asad
London, UK
Posted Anonymously
15 years ago
Apr 23, 2010 10:24
Guys,

POINT TO PONDER: The worst of the recent market is behind us - Goldman fiasco, ECB Greece deficit figures, Greece rating downgrade, ash cloud & sone disappointing results...yet...YET...the market has been overall resilient (hats off to Dow). Gold, oil, equities, USD, GBP have been decent during aaaaaaall these happenings.

Now...NOW...if the markets have performed SO tenaciously during aaaaaaaaall this, what do you expect from here?! Say if there's NO bad news today...w/ a hint od +ve news...WHAT the HELL would THAT do the markets?! Just imagine.

This alone is preventing me from taking heavy positions. AT the same time, the Cartel might think that this is how Asad is thinking...so let's take him for a nosedive on the back of good news! Again, I'm torn...


Asad
asad
London, UK
Posted Anonymously
15 years ago
Apr 23, 2010 10:16
Chloe,

Average price 83 & exit point 81.80. Anyone on this forum will tell you that 120 pips is super-decent! But it all depends on how often you've placed buy limits. In a volatile market, I'd add positions (short/long) every 50 pips. I kneeeewwww that Wall St luuurrrrrvvvvvs to go against the tempo...and so it happened. Oil was showing support at 83.40 (I think) when at 1430 GMT, the Streeters came and collapsed. During that collapse of 120ish pips, I added (shorted) twice...ultimately closing positions at 82.05 on the rebound!

I'm short again w/ an average of 83.65, though not as heavily as earlier this week...because I'm a bit torn about the movement today. My gut says they're going to collapse it s/where towards the end...but at the same time, I DO NOT like the current strength in oil. :S Ofcourse, if it collapses, I'll add to the shorts accordingly...


Asad
chloethebull
Posted Anonymously
15 years ago
Apr 23, 2010 0:50
said...were do u see oil if greecs takes the bailout...an wouldn;t the eurusd rocket up?asad how was ur day?did u see oils chart today perfect v shape..lol..do me a favor next time u exit on ur position send a shot out...i thought about exit @81.80 but an my average cost was 83buks so hind sight woulda been a great call but i get distracted with ashraf calls an clouds my decision making i think im selln too cheap but in the end it cost me big $$..not whinning just trying to figure out what is fair exit price is ok thanks all an gl tomor
said
mulhouse, France
Posts: 2822
15 years ago
Apr 22, 2010 23:03
OR AMENBANK
DO U THINK WE R MISLEAD ON EURUSD AND GREECE PORTUGAL,


ARE U FROM GERMANTOWN BECUSE WITH A GERMAN NAME AND LIVING IN USA THERE MIGHT A LOT PLACER LIKE BISMARCK
OR MAYBE UR A VIKING SETTING IN NROTHEAST USA;
WELL I LIKE DUSSELDORF AND DORTMUND ESPECIALLY THEIR SPECIAL SERVICES FOR SPECIALIST CORPORATION; REALLY I LIKE GERMANY GREAT HISTORY BARBAROSSA FOR INSTANCE THE SAINT GERMANIC EMPIRE FOR ANOTHER EXAMPLE AND ITS TITRISATION PROCESS

ANYWAY WHAT I WROTE ON EURUSD AND PORTUGAL IS JUST MY OPINION AND MUST NOT INTERFERE WITH VIEWER'S OPINION
Kooolstad
United States
Posts: 10
15 years ago
Apr 22, 2010 22:49
amen said
said
mulhouse, France
Posts: 2822
15 years ago
Apr 22, 2010 21:17
CHLOE
MILD TONE WILL NOT HAVE AN IMMEDIATE EFFECT ON MARKET BUT MARKET NEEDS TO DIGEST WHAT IS SAID AND FACTOR IT IN LIKE EUROPE DEVELOPMENT ON GREECE
I AM A PARTISAN THAT THE GREECE CASE IS GONNA BE RESOLVED SOONER THAN WE THINK AND THAT THE AID PACKAGE IS GONNA BE TRIGGER
I HAVE BEEN REPEATING, AND I KNOW MOST OF THE FORUM DONT BUY INTO IT, THAT EURO IS ROCKING BOTTOM REALLY SOON
THE CONTAGION TO PORTUGAL IS POSTPONED TO FEW YEARS AND IT IS GONNA VERY INTERESTING TO CORRELATE WITH COMMODITIES EVEN THE ONLY COMMODITY FROM PORTUGAL IS FISH MAINLY.
Report Reply
1...628629630631632633634635636637638639640641642...894